The triple-bottom-line philosophy asserts that
A)the main goal of all companies is to satisfy the needs of three groups: employees, shareholders, and suppliers.
B)companies should pay attention to local, national, and global customers.
C)companies should pay three times more attention to profits than to employee wellbeing.
D)business success increases by having three times more contingent workers than permanent employees.
E)companies should try to support the economic, social, and environmental spheres of sustainability.

Question

Quizplus · Accepted Answer

The triple-bottom-line philosophy emphasizes that companies should strive for sustainability in three areas: economic, social, and environmental. This means that businesses should not only focus on making profits but also consider the impact of their actions on society and the environment. By adopting this approach, companies aim to create long-term value for all stakeholders, including shareholders, employees, customers, and the community.

The Triple-Bottom-Line Philosophy Asserts That